Vice President of Accounting (Successor to CFO)- 3613687
- Full Time
Job Title: Vice President of Accounting (Successor to CFO)
Location: Chicago, IL 60606
Salary/Payrate: $300K + Depending on experience, bonus and
AWESOME benefits!!!
Work Environment: Hybrid (2 of days WFH)
Term: Permanent / Fulltime
Bachelor’s degree required: Yes
Referral Fee: AMS will pay $1,000 should the person you refer
gets hired
Job Description:
Vice President of Accounting (Successor to CFO)
Location: Chicago, IL (Hybrid | 2-3 Days Onsite)
Compensation: $300,000+ Base Salary (DOE) + Bonus + Comprehensive
Benefits Package
Relocation Assistance Available for Exceptional Candidates
Executive Leadership Opportunity with Defined Path to CFO
Our client, a highly respected investment-focused organization,
is seeking a Vice President of Accounting to join its executive
leadership team and assume the Chief Financial Officer position
upon the planned retirement of the current CFO at year-end.
This is a unique succession opportunity for an accomplished
accounting executive who combines strategic leadership with deep
technical accounting expertise. The ideal candidate is equally
comfortable leading a large accounting organization, partnering
with executive leadership, and personally diving into complex
accounting entries, reconciliations, and financial reporting
issues when necessary.
The VP of Accounting will oversee the accounting and financial
operations of two affiliated entities, lead a team of 12
accounting professionals through direct oversight, and play a
critical role in the organization’s continued growth and
financial excellence.
Key Responsibilities
Executive Financial Leadership
* Serve as the second-in-command to the CFO with a clearly
defined transition into the CFO role.
* Provide strategic financial leadership and guidance to
executive management.
* Oversee all accounting functions across two affiliated
entities.
* Ensure the accuracy, integrity, and timeliness of financial
reporting.
* Lead monthly, quarterly, and annual close processes.
* Direct preparation and review of financial statements and
management reporting packages.
* Support long-term financial planning, budgeting, forecasting,
and organizational growth initiatives.
Accounting Operations & Technical Expertise
* Maintain ownership of general ledger activities, financial
reporting, and accounting controls.
* Review and analyze complex accounting transactions and journal
entries.
* Investigate and resolve accounting discrepancies, reporting
issues, and balance sheet variances.
* Ensure compliance with GAAP and all applicable regulatory
requirements.
* Partner with external auditors, tax advisors, and other
professional service providers.
* Strengthen internal controls and accounting processes while
identifying opportunities for operational improvements.
Commission Accounting Oversight
* Oversee complex commission structures and related accounting
processes.
* Ensure accurate calculation, reporting, and reconciliation of
commission-related expenses and liabilities.
* Evaluate commission plans for accounting impact and operational
efficiency.
* Serve as the organization’s subject matter expert on commission
accounting and reporting.
Leadership & Team Development
* Lead and mentor a team of 12 accounting professionals,
including direct oversight of the Controller, Accounts Payable,
Accounts Receivable, and related accounting functions.
* Provide coaching, performance management, and succession
planning across the department.
* Foster a culture of accountability, continuous improvement, and
operational excellence.
* Establish priorities and ensure alignment of departmental goals
with broader business objectives.
Strategic & Organizational Impact
* Partner closely with executive leadership on financial strategy
and organizational initiatives.
* Evaluate and improve financial systems, reporting capabilities,
and operational workflows.
* Drive process improvements that enhance efficiency,
scalability, and reporting accuracy.
* Support mergers, acquisitions, investment activities, and other
strategic initiatives as applicable.
Qualifications
Required
* Active CPA designation required.
* Bachelor’s degree in Accounting, Finance, or related field.
* Progressive accounting leadership experience within the
investment management, asset management, private equity, hedge
fund, wealth management, or broader investment industry.
* Proven experience leading accounting teams in a complex,
multi-entity environment.
* Deep understanding of GAAP, financial reporting, and internal
controls.
* Strong experience overseeing and accounting for complex
commission structures.
* Ability and willingness to work both strategically and
tactically, including hands-on review of accounting entries and
reconciliations when necessary.
* Demonstrated success managing senior-level accounting
professionals, including Controllers and other department
leaders.
Preferred
* Master’s degree in Accounting, Finance, or Business
Administration.
* Prior experience serving as Controller, VP of Accounting,
Corporate Controller, Assistant CFO, or equivalent senior finance
leader.
* Experience participating in executive leadership and succession
planning initiatives.
* Exposure to investment advisory, broker-dealer, asset
management, or related financial services environments.
Why This Opportunity?
* Defined and imminent path to CFO.
* Executive-level visibility and influence.
* Oversight of two established entities.
* Lead a high-performing accounting organization with 12 direct
reports.
* Competitive compensation package including bonus and
comprehensive benefits.
* Hybrid work environment with 2-3 days onsite in Chicago.
* Relocation assistance available for outstanding candidates.
* This position is ideal for a seasoned accounting executive who
is ready to step into a CFO role in the near future while
continuing to leverage both strategic leadership and strong
technical accounting expertise.

